China’s stainless steel output up 12.8 percent in Jan-Sept

Monday, 31 October 2011 13:43:18 (GMT+3)   |  

China's stainless steel production for the first nine months of 2011 amounted to 9.37 million mt, increasing by 12.8 percent compared to the same period of 2010, according to the data released by the Stainless Steel Council of the China Special Steel Enterprise Association (CSSC) on October 27.

In the first nine months, China's stainless steel imports totaled 670,000 mt, decreasing by 19.2 percent, while its stainless steel exports reached 1.75 million mt, increasing by 61.9 percent, both on year-on-year basis. Apparent stainless steel consumption in China amounted to 7.17 million mt in the first nine months of 2011, increasing by 1.7 percent compared to the same period last year.


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